Apr 22, 2013 5:00am PDT
an important week for apple, california's most valuable company must prove it still deserves the title. not long ago, we were referring to the tech giant as america's most valuable company. >> america, not anymore. apple has fallen way beyond exxon in overall market capitalization. pressure growing on ceo tim cook to say something, do something, excite the apple faithful and share holders. show we have got something up his sleeve more than just an incrementally better iphone. apple reports its profits tomorrow and has a telephone conference with reporters and analysts. tomorrow, eric schmitt's new book comes out. the former ceo of google teamed up with jarrod cohen to write about the digital age from his trip to north korea. it will be in bookstores tomorrow. let's check the markets with courtney reagan. good morning. >>> hi. good morning to you, scott. futures are higher as the markets come down. the dow posted its biggest weekly decline in nearly a year. you mentioned apple. softer demands today iphone and ipad. ibl lo ibm lost 8% on friday. we will get earnings on existing home sale
Apr 22, 2013 6:00am PDT
percent of s&p 500 companies report and everyone will be talking about apple. >> de think tim cook is in trouble as ceo? >> it depends on what side of that trade you are on. apple's tim cook and the hot seat, maybe not. according to forbes this week took a job is in trouble. the iphone five will not be out this summer, maybe this fall. there are theories and rumors that fingerprints will be a big part of the foam. >> watching a net flicks, they are four and a half percent in early trading. >> they don't really care, they want to turn a profit. it is a pretty saturated plate.right now. we are watching more tv and with netflix time we are catching up with seasons. netflix is a great story. >> is the eighth issue when? is it too soon to tell? >> the delivery mechanism as key. you have to pay a premium dollar for content. the big players like universal, comcast they do not want to release all of their content to only one player. they went to give it to x box and net flicks. netflix is a great story, i would not be surprised if it was acquired by someone who was bigger. >> now let's get
Apr 23, 2013 7:00am PDT
reported signing up $2 million more customers for the screaming service. >>> apple is scheduled to announce its quart terly earnings after the -- quarterly earnings after the bell. they are expecting lower profits. that's the first time in a decade they would shrink. right now, the stock is up 1% to $403. >>> twitter has signed its biggest ad deal yet. the agreement is reported to be worth hundreds of millions of dollars over several years. starcom, coca-cola and microsoft. analysts say the deal shows twitter is the bridge to tv audiences. google will bring new information right to your desktop. there is a new service called google now that tries to answer questions before you ask them. there's it could tell you a different way to drive home because traffic is bad on your usual route at the time you are scheduled to leave. >>> also this morning, a new sign, the housing market is getting stronger. the commerce department says sales of new single family homes went up 1.5% in march. seas jumped 18% higher than during march of last year. the national average price almost 7% between february and
Apr 23, 2013 5:00pm PDT
. they raised to $3.05 a share. apple has recently faced calls for a greater cash for return. >> in massachusetts the youngest victim killed in the boston marathon bombings was laid to rest today. a private funeral was held for 8-year-old in a statement his family said the boy is now at peace. also today family and friends gathered for a private memorial for mit police officer. investigators say collier was -- public health officials now say a total of 264 people were treated at hospitals for their jerries from the bombing one survive a 25-year-old victim spoke from her hospital bed today and said she's not going to let the attacks stop her from living a normal life. >> definitely you're right about this. always going to be a scar but i'm not going to let them win. not going to let them stop me from living a normal, happy, healthy life, especially here in boston. boston is a great city. >> officials say of the 264 people who sought treatment, 51 remain hospitalized tonight. federal officials today said the medical condition of the 19- year-old bombing suspect has improved he'